STAND. COM. REP. NO. 1211-24

Honolulu, Hawaii

, 2024

RE: S.B. No. 3192

S.D. 1

H.D. 1

Honorable Scott K. Saiki

Speaker, House of Representatives

Thirty-Second State Legislature

Regular Session of 2024

State of Hawaii

Sir:

Your Committee on Higher Education & Technology, to which was referred S.B. No. 3192, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO UNIVERSITY OF HAWAII RESEARCH,"

begs leave to report as follows:

The purpose of this measure is to make permanent the Innovation and Commercialization Initiative Program established within the University of Hawaii.

Your Committee received testimony in support of this measure from the University of Hawaiʻi System and Chamber of Commerce Hawaii.

Your Committee finds that this measure supports the University of Hawaii's efforts and crucial role in helping to diversify Hawaii's economy by promoting research, discovery, and commercial innovation. Your Committee further finds that this measure provides express statutory authority to the University to sponsor and directly participate in the transformation of innovations created by its researchers into viable commercial enterprises.

Your Committee has amended this measure by changing its effective date to June 29, 3000, to encourage further discussion.

As affirmed by the record of votes of the members of your Committee on Higher Education & Technology that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 3192, S.D. 1, as amended herein, and recommends that it pass Second Reading in the form attached hereto as S.B. No. 3192, S.D. 1, H.D. 1, and be referred to your Committee on Finance.

Respectfully submitted on behalf of the members of the Committee on Higher Education & Technology,

____________________________

AMY A. PERRUSO, Chair